USD/HUF will continue its rally to retest its previous highThe pair will continue its rally to retest its previous high. The US market had a roller coaster ride last month following the threats posed by coronavirus to its economy. Currently, the US had already the largest cases of coronavirus around the world. In response to this, the US Congress approved a $2 trillion stimulus package needed to save the US economy. However, this might be far from over. Last week, the US had the largest jobless claim in history at 3.24 million. The US said it is expecting the number to reach 3.50 million this week. However, analysts expect the number to continue growing after US President Donald Trump said the next two (2) weeks might be the most painful time. The death toll relating to coronavirus is expected to reach 240,000. Despite the negative reports, investors are optimistic about the USD. Trump and the Congress were already discussing the next stimulus package on top of the $2 trillion packages already approved.Longby Financebroker224
USD HUF SELL (US DOLLAR - HUNGARIAN FORINT)Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.by thunderpips1122
USDHUF expecting higher push in price techicaly based ENTRY: 298.200 TP: 299.500 TP2: 300.500 TP3: 301.300 SL: 296.600 Chart time frame - 4H Time for reaching TP - 1-2D Follow, Like, Share or Comment Thanks on supporting! All best!by UnknownUnicorn3983388Updated 15
USDHUF expecting higher bearish continuation technicaly based ENTRY: 297.500 TP: 295.000 TP2: 292.000 TP3: 289.000 SL: 299.000 Chart time frame - 1W Time for reaching TP - 1-2W Follow, Like, Share or Comment Thanks on supporting! All best!by UnknownUnicorn3983388Updated 12
USDHUF technicaly side more bearish ENTRY: 306.900 TP: 306.000 TP2: 305.000 TP3: 304.000 SL: 308.500 Chart time frame - 1W Time for reaching TP - 1W Follow, Like, Share or Comment Thanks on supporting! All best!by UnknownUnicorn3983388Updated 12
USD/HUF will break down from a steep uptrend channel resistanceThe pair will break down from a steep uptrend channel resistance line. Analysts anticipate Hungary to retain its GDP growth of 4.5% in today’s trading session. Hungary is one of the fastest growing economies in the European Union. Its low exposure to the German economy gave investors relief that Budapest will outperform the broader EU economy. Meanwhile, the US is also set to publish its gross domestic product (GDP) report today, February 27. On January 30, Washington published the fourth and final GDP results for 2019. The country was able to tap expectations of 2.1%, which is also the same figures for the third quarter. However, the threat of coronavirus creeps on the report to be published today. The COVID-19 originated from Wuhan, China. As the Chinese government prioritizes the virus, it may not fulfill its obligations under the phase one trade deal with the US. This, in turn, might spark the continuation of the US-China trade war.Shortby Financebroker3
USDHUF has a bearish Gartley patternPrice tried to breakout the line but it couldn't. Wait for a good breakout.Shortby ebufinanc3
Divergencethe pair has been in an up trend for a long time and now the MACD is giving signals of the trend that its losing momentum and the force of a pullback is so strong for the buyers to hold on. On H4 the MACD is crossing over signaling a signal and on D1 the MACD is crossing over again that signals the change of a trend the pair might drop even further than the target and for a very long time.by The_Marathon_Trading4
USDHUF long NOW.USDHUF buy now. Gonna post when i close. Wanna see all these possitions for free earlier ? pm me.Longby TradingForRealOfficialUpdated 3
A flag breakout If you look from the support of the trendline the pair has been going up to make higher highs and forming a resistance and on those resistance when it came back to support of the trendline it came with a form of a flag and every breakout of the flag it moved higherLongby The_Marathon_Trading5
SELL USD/HUF.WE ARE IN THE C WAVE DOWNWARD AS PER ELLIOTT WAVE PRINCIPLE, LOOKING FORWARD TO SEE THE PRICE REACHING THE LEVEL OF 304.07.Shortby Joe_Damien5
Rising Wedge on weekly chart - Time to short USDHUF?Rising wedge with weekly resistance and on overbought territoryShortby flexxfx5
USD/HUF will continue to move higher in the following daysThe pair will continue to move higher in the following days after it broke out from a major resistance line. Donald Trump became the fourth president impeached by the US Congress and the second to dodge it. The House of Representative impeached President Trump last December 18 on grounds of abuse of power and obstruction of congress. This was after his solicited foreign interference in the 2020 US presidential election to help his re-election bid. A phone call with then newly elected Ukrainian President Volodymyr Zelensky was the root of the impeachment. Trump withheld military aid to the NATO (North Atlantic Treaty Organization) applicant and an invitation to the White House. Trump will only revoke it if the Ukrainian president investigates Trump’s opponent’s son, Hunter Biden. Despite strong accusations against him, the House of Senate comes to his aid and acquit him of impeachment.Longby Financebroker6
SELL USD/HUF WE ARE IN THE BEGINNING OF "WAVE B" AS PER ELLIOTT WAVE PRINCIPLE, WE WILL WAIT FOR A RETRACEMENT OF "WAVE B" TO 61.80% OF WAVE A, AND THEN GO FOR A SELL TRADE TO A PRICE APPROXIMATELY OF 298.60 LEVEL.Shortby Joe_Damien9
USDHUF Ascending Channel Breakout in MOTION!After a long race uphill on USDHUF, finally price made its way to a negative interest of buy orders and decided to narrow lower and lower until breaking out of its well respected channel. Entry idea would be to wait for both the finish of the breakout impulse and wait patiently for price to retrace properly before entering short for optimal risk-reward.Shortby RiosTrades4
USD HUF SELL (US DOLLAR - HUNGARIAN FORINT)Hi there. Price is moving impulsively to the downside. Wait for the price to form a continuation pattern on a lower time frame and watch strong price action for sell.by thunderpips28